Karamba | Jotup

Esports Technologies Completes Acquisition of Aspire Global's B2C Business with $1.86 Billion in Annual Wagers and $183 Million in Cash Deposits

Retrieved on:

Wednesday, December 1, 2021

Strategically, Esports Technologies plans to leverage the increased market access from the multiple-brand acquisition to cross-sell esports wagering opportunities to increase its esports revenue, player bet transactions, and customer base.

Key Points:

Strategically, Esports Technologies plans to leverage the increased market access from the multiple-brand acquisition to cross-sell esports wagering opportunities to increase its esports revenue, player bet transactions, and customer base.
During the same period, the B2C business recorded wagering of $1.86 billion and $183 million in cash deposits from 1.25 million customers.
Aspire Global will serve as the back-end provider for the acquired B2C brands, ensuring operational continuity, and will offer Esports Technologies wagering products on its platform.
Tsachi Maimon, CEO of Aspire Global, said, "Esports Technologies has rapidly established itself as one of the foremost innovators in esports wagering.

The Three Top Online Casino Markets in the U.S Projected to Generate More Than $1.5 Billion Combined in 2021

Retrieved on:

Friday, October 1, 2021

The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!

Key Points:

The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!
With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.
Bonus.com said: "The newest state to join the legal online casino industry, Michigan,debuted online casinos in January 2021.
As of June 2021, five US states offer legal online casino gaming.

The Three Top Online Casino Markets in the U.S Projected to Generate More Than $1.5 Billion Combined in 2021

Retrieved on:

Friday, October 1, 2021

PALM BEACH, Fla., Oct. 1, 2021 /PRNewswire/ -- Legal online casino gambling continues to boom in the US. The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year… but 2020 was pretty good too! In 2020 both New Jersey and Pennsylvania realized an online casino revenue surge after COVID-19 considerations shuttered land-based casinos across the country in March. Retail casinos in both states resumed business at limited capacity by summertime, but that didn't slow the mobile sports betting boom in either state. December marked periods of record-high monthly online casino revenues in both states. New Jersey nearly hit the $100 million monthly revenue mark in the final month of 2020, while Pennsylvania eclipsed the $70 million threshold for the first time. West Virginia also ended the year with the best month yet in the short history of the state's mobile casino industry. With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry. Last year saw online casino operators generate record-setting revenue numbers. Those 2020 landmarks pale in comparison, however, to the 2021 figures for operator revenue and state tax collection., according to industry insider, bonus.com. Active gaming and tech companies in the markets today include: Esports Technologies (NASDAQ: EBET), Bally's Corporation (NYSE: BALY), Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV), Genius Sports Limited (NYSE: GENI), Rush Street Interactive, Inc. (NYSE: RSI).

Key Points:

The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!
With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.
Bonus.com said: "The newest state to join the legal online casino industry, Michigan,debuted online casinos in January 2021.
As of June 2021, five US states offer legal online casino gaming.

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

Retrieved on:

Tuesday, September 21, 2021

Online, Securities Act of 1933, Internet, NEVER, CAGR, Private Securities Litigation Reform Act, Overalls, Hale America National Open Golf Tournament, Senior, FNM, American Gaming Association, Hollywood Casino at Penn National Race Course, Growth, Gambling, Boyd Gaming, Penn National Gaming, American, Industry, News, NEWS, Golf Canada, NOT, EBITDAR, CEO, NGMS, Canadian Open (golf), Technology, Karamba, Google Trends, NYSE, COO, Global, Partnership, Annual report, Smartphone, READ, NASDAQ, U.S. Securities and Exchange Commission, PALM, Company, Neogames, Forward-looking statement, Adoption, MORE, Platform, Security (finance), TSX, Score Media and Gaming Inc., Sporting CP (women's football), Aspire, Form 10-K, BYD, Bet, ANY, COVID-19, Research, Integration, AGA, Securities Exchange Act of 1934, Adjustment, Online gambling, Video game

According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.

Key Points:

According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.
The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.
ResearchAndMarkets continued saying, "Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market.
Moreover, proliferation of sports betting along with other online gambling ads is further attracting people to try online gambling, thus positively impacting the market growth during the forecast period."

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

Retrieved on:

Tuesday, September 21, 2021

PALM BEACH, Fla., Sept. 21, 2021 /PRNewswire/ -- The Global Online Gambling Market is another survivor that thrived in during the COVID-19 pandemic. The recent COVID-19 pandemic has led to a sudden rise in the revenues of online gambling service providers, thus positively impacting the overall market growth. According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments. According to ResearchAndMarkets, the figures show that the online gambling has emerged as one of the biggest winners during the shutdown alongside services such as online retail, food delivery, and subscription services. The report also said, "Increasing number of cost-effective mobile applications to play different online gambling games on smartphones is also contributing to the market growth of online gambling worldwide. Ease of sports betting using a portable connected device such as smartphone, laptop, and tablet has increased the number of players in the online gambling industry. The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025. Active gaming and tech companies in the markets today include: Esports Technologies (NASDAQ: EBET), NeoGames S.A., (NASDAQ: NGMS), Score Media and Gaming Inc. (NASDAQ: SCR) (TSX: SCR), Boyd Gaming Corporation (NYSE: BYD), Penn National Gaming, Inc. (NASDAQ: PENN).

Key Points:

According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.
The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.
ResearchAndMarkets continued saying, "Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market.
Moreover, proliferation of sports betting along with other online gambling ads is further attracting people to try online gambling, thus positively impacting the market growth during the forecast period."

Esports Betting On Pace To Reach Up To $8 Billion In Total Wagers This Year

Retrieved on:

Monday, September 20, 2021

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.

Key Points:

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.
It continued: "Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry.
Even more so when combined with a U.S. sports betting market opening up state by state.
With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear."

Esports Betting On Pace To Reach Up To $8 Billion In Total Wagers This Year

Retrieved on:

Monday, September 20, 2021

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.

Key Points:

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.
It continued: "Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry.
Even more so when combined with a U.S. sports betting market opening up state by state.
With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear."

Esports Technologies Odds Modeling and Wagering Technology to Integrate with Aspire Global's Platform

Retrieved on:

Monday, September 20, 2021

LAS VEGAS, Sept. 20, 2021 /PRNewswire/ -- Esports Technologies, Inc. (Nasdaq: EBET), a leading global provider of advanced esports wagering products and technology, announced today a strategic license agreement with Aspire Global (STO: ASPIRE) to integrate Esports Technologies proprietary odds modeling, market creation and trading feed into Aspire's esports platform.

Key Points:

LAS VEGAS, Sept. 20, 2021 /PRNewswire/ -- Esports Technologies, Inc. (Nasdaq: EBET), a leading global provider of advanced esports wagering products and technology, announced today a strategic license agreement with Aspire Global (STO: ASPIRE) to integrate Esports Technologies proprietary odds modeling, market creation and trading feed into Aspire's esports platform.
Tsachi Maimon, Aspire Global's CEO, said, "We are happy to welcome Esports Technologies as an esports partner.
We are also thrilled to integrate Esports Technologies groundbreaking and engaging wagering products on our platform."
Esports Technologies is developing groundbreaking and engaging wagering products for esports fans and bettors around the world.

CRN® Recognizes Karamba Security on its 2021 Emerging Vendors List

Retrieved on:

Wednesday, July 21, 2021

Articles, Science and technology, Technology, Ambient intelligence, Digital technology, Internet of things, Technology assessment, Karamba, Chromium nitride

HOD HASHARON, Israel, July 21, 2021 (GLOBE NEWSWIRE) -- Karamba Security , a leader in seamless protection of IoT devices and edge systems, announced today that CRN , a brand of The Channel Company , has named Karamba Security to its 2021 Emerging Vendors list in the Security category.

Key Points:

HOD HASHARON, Israel, July 21, 2021 (GLOBE NEWSWIRE) -- Karamba Security , a leader in seamless protection of IoT devices and edge systems, announced today that CRN , a brand of The Channel Company , has named Karamba Security to its 2021 Emerging Vendors list in the Security category.
Karamba Security was recognized by CRN for its security solutions that automatically integrate into connected systems software and continuously check its runtime integrity.
Karamba is committed to seamless security for IoT and edge devices and we are honored to be acknowledged by CRN in this prestigious list among so many impressive vendors.
The CRN 2021 Emerging Vendors list will be featured in the August 2021 issue of CRN Magazine and online at www.CRN.com/EmergingVendors .

Karamba Security Named to JMP Securities 2021 Elite 80 List of Hottest Privately Held Cybersecurity and IT Infrastructure Vendors

Retrieved on:

Monday, June 7, 2021

Data management, Computing, Technology, JMP, Internet of things, Karamba

HOD HASHARON, Israel, June 07, 2021 (GLOBE NEWSWIRE) -- Israeli start-up Karamba Security , a leader in the seamless protection of IoT devices and embedded systems, today announced it was honored by JMP Securities for the second consecutive year in its 2021 Elite 80 list of the hottest privately held cybersecurity and IT infrastructure companies.

Key Points:

HOD HASHARON, Israel, June 07, 2021 (GLOBE NEWSWIRE) -- Israeli start-up Karamba Security , a leader in the seamless protection of IoT devices and embedded systems, today announced it was honored by JMP Securities for the second consecutive year in its 2021 Elite 80 list of the hottest privately held cybersecurity and IT infrastructure companies.
We are honored to have been recognized by JMP again for our technology and market leadership in the critical sector of embedded systems and IoT security.
Among its many other accolades, Karamba most recently was awarded the highest honor from Interop Tokyo , named Best of Show in security.
CRN also named Karamba to its 2021 Internet of Things 50 and featured the company among the 10 Coolest IoT Security Companies .